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Da Ming International Holdings Limited ( (HK:1090) ) has shared an announcement.
Da Ming International Holdings has appointed 45-year-old industry veteran Ni Chen as an executive director effective 1 June 2026, bringing back a long-serving manager with extensive experience in stainless steel sales and procurement. Ni, currently general manager of a key non-wholly owned subsidiary and a former executive director, will serve a three-year term with a monthly director’s fee of HK$15,000, reinforcing the group’s leadership bench and continuity in its core stainless steel operations.
The board emphasized that Ni holds 730,000 shares in the company but has no disclosed relationships with other directors or major shareholders, signaling a governance-compliant appointment aligned with Hong Kong listing rules. His return to the board, alongside his role as a local legislative representative in Taiyuan, may strengthen Da Ming’s operational oversight and external networks as it continues to compete in the steel processing sector.
More about Da Ming International Holdings Limited
Da Ming International Holdings Limited is a China-based metals processing company specializing in stainless steel products and related metal technologies. Through subsidiaries such as Taiyuan Taigang Daming Metal Technology and Jiangsu Daming, the group focuses on sales, procurement and processing of stainless steel, serving industrial customers across several regional markets in China.
Average Trading Volume: 196,000
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$929.9M
For a thorough assessment of 1090 stock, go to TipRanks’ Stock Analysis page.